A New World Order & Changing Power Dynamics by Lt Gen P R Shankar (R)

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Write: Joswilb Vega, Chief Investment Officer in Profuturo AFPThe fall of the Berlin Wall started a unipolar world where power was concentrated in the United States, based on a flourishing economy, unmatched armed forces and the dollar as a global currency.The Cold War, initiated by the multipolar world, had ended and the next 30 years were of economic prosperity, peace and stability until Covid-19 came. READ ALSO: Expectations, optimism and rea…

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A New World Order & Changing Power Dynamics by Lt Gen P R Shankar (R)

The global landscape is marked by dynamic shifts and uncertainty, as traditional geopolitical alliances and power structures undergo significant transformation. This evolving order presents challenges and opportunities,especially for historically marginalised nations seeking a greater voice in global affairs. Departing from established norms offers a chance to create more equitable and inclusive governance, fostering stability and fairness in ad…